Wolverine Trading LLC Buys Shares of 4,388 iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Wolverine Trading LLC acquired a new position in iShares U.S. Financial Services ETF (NYSEARCA:IYG) during the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 4,388 shares of the company’s stock, valued at approximately $310,000.

A number of other large investors have also recently added to or reduced their stakes in the business. GSA Capital Partners LLP raised its position in iShares U.S. Financial Services ETF by 22.7% during the third quarter. GSA Capital Partners LLP now owns 3,892 shares of the company’s stock worth $276,000 after acquiring an additional 720 shares during the last quarter. RiverFront Investment Group LLC raised its holdings in shares of iShares U.S. Financial Services ETF by 2.7% in the second quarter. RiverFront Investment Group LLC now owns 1,448,241 shares of the company’s stock worth $94,440,000 after acquiring an additional 38,283 shares during the last quarter. OneDigital Investment Advisors LLC purchased a new stake in shares of iShares U.S. Financial Services ETF in the third quarter valued at $205,000. Oppenheimer & Co. Inc. acquired a new stake in shares of iShares U.S. Financial Services ETF during the third quarter valued at $376,000. Finally, Cetera Investment Advisers increased its position in iShares U.S. Financial Services ETF by 1.8% during the 2nd quarter. Cetera Investment Advisers now owns 32,701 shares of the company’s stock worth $2,132,000 after purchasing an additional 569 shares in the last quarter.

iShares U.S. Financial Services ETF Trading Down 0.5 %

NYSEARCA:IYG opened at $79.82 on Friday. iShares U.S. Financial Services ETF has a 12-month low of $57.93 and a 12-month high of $82.77. The firm has a market cap of $1.61 billion, a price-to-earnings ratio of 5.95 and a beta of 0.91. The company’s 50-day moving average is $77.52 and its two-hundred day moving average is $71.25.

About iShares U.S. Financial Services ETF

iShares U.S. Financial Services ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Financial Services Index (the Underlying Index). The Underlying Index measures the performance of the financial services sector of the United States equity market.